Earnings/Financial Reports

STOCKHOLM (BRAIN) — Thule Group's net sales in the company's second quarter were up 9.8%, largely thanks to the addition of Quad Lock revenue to the mix. Thule announced it was buying Quad Lock last November.

STOCKHOLM (BRAIN) — Helmet technology brand MIPS reported that sales were up 16% for the first half of the year, with helmet manufacturers initially stalling orders until they got more clarity on tariffs.

TAIPEI, Taiwan (BRAIN) — Giant Group’s revenues in the first half of the year totaled NT$32.6 billion ($1.1 billion), down 12.4% from the same period last year.

EL PASO, Texas (BRAIN) — Helen of Troy, parent company of Osprey and Hydro Flask, reported net sales decreased 10.8% year-over-year in the first quarter with the interim CEO saying tariffs impacted the bottom line.

PITTSBURGH (BRAIN) — Dick's Sporting Goods announced its first-quarter net sales increased 5.2% year-over-year a few weeks after reaching a merger agreement to acquire Foot Locker.
TAIPEI, Taiwan (BRAIN) — Ideal Bike and Merida Industries, two Taiwan-based bike manufacturers, have filed their first-quarter earnings reports with the Taipei stock exchange.

CAPE TOWN, South Africa (BRAIN) — Leatt Corporation revenue in the first quarter increased 45% year-over-year driven by a 101% rise in helmet revenue during the period.

TAICHUNG, Taiwan (BRAIN) — Giant Group says a “significant rebound in OEM orders” fueled a 4.9% increase in group revenues in the first quarter compared to the same quarter last year.

SAN MATEO, Calif. (BRAIN) — GoPro Inc. revenue for the first quarter declined 14% year-over-year despite the company reducing operating expenses during the period.

DULUTH, Ga. (BRAIN) — Fox Factory saw first-quarter year-over-year sales growth across its three divisions, including a 6.6% increase in sales in its Speciality Sports Group, which contains its bicycle and baseball/softball brands. Company-wide the growth exceeded estimates.

SEATTLE (BRAIN) — REI Co-op net sales for 2024 declined 6.2% year-over-year with new CEO Mary Beth Laughton acknowledging a challenging marketplace "and yet I remain hopeful."
OLATHE, Kan. (BRAIN) — Garmin Ltd. first-quarter revenue grew 11% year-over-year with the Fitness segment increasing 12% during the same period.